EURGBP New York briefing — 2026-05-19

BIAS BULLISH. D1 structure dominates; RSI oversold at 27.41 signals reversal potential despite H4/H1 neutrality. KEY LEVELS R: 0.87, 0.87308, 0.875 | S: 0.865, 0.86198, 0.86 NEWS 🔴 GBP CPI (MoM/YoY) + Core CPI (YoY) — Wed 20 May 06:00 UTC SESSION OUTLOOK Watch for pre-data consolidation near 0.865 support. CPI release overnight will dictate directional momentum; bullish D1 setup favors upside on soft data. PRO UNLOCKS Entry 0.8642 | SL 0.8598 | TP1 0.8705 | TP2 0.8748 | FVG 0.8668–0

Key Levels

R: 0.87000 · 0.87308 · 0.87500

S: 0.86500 · 0.86198 · 0.86000